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IDB approves $22,000 innovation grant to Innersign Corporation

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Summary

The Industrial Development Board approved a $22,000 innovation grant to Innersign Corporation to reward verified job creation and support equipment investments; staff said the grant aligns with a city innovation program scheduled to be sunset later this year.

On June 2 the Industrial Development Board approved a $22,000 innovation grant payment to Innersign Corporation for 22 eligible jobs verified by the Tennessee Department of Labor and Workforce Development wage report dated Dec. 31, 2024.

Staff explained the innovation district grant was created in 2016 to support catalytic companies…

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